Billabong ▲ +0.010 | PPR ▼ -0.80 | American Apparel ▼ 0.000 | The Buckle ▲ +0.10 | Columbia ▲ +1.79 | Deckers Outdoor ▲ +0.23 | Dicks ▼ -0.05 | Foot Locker ▲ +0.55 | Genesco ▲ +0.34 | Iconix Brand Group ▲ +0.45 | Jarden Corp ▲ +0.94 | Nordstrom ▲ +0.59 | Luxottica ▲ +0.97 | Nike ▲ +0.55 | Pacific Sunwear ▲ +0.08 | Skullcandy ▼ -0.04 | Sport Chalet - 0 | Urban Outfitters ▲ +0.01 | VF Corp ▲ +0.48 | Quiksilver ▼ -0.35 | Zumiez ▲ +0.36 | Macys ▲ +0.39 | Tillys ▼ -0.19 |
Ticker Sponsor
Professional Services
Friedman Stroffe & Gerard, P.C.

FSG’s Action Sports Practice Group provides legal services to the action sports industry. Our clients include surfers, skiers, snowboarders and skaters, as well as sponsors and leading apparel companies. Our attorneys serve in positions with industry organizations such as the Association of Surfing Professionals. We know your business and can provide full-service legal solutions to meet your organizational needs.

More Professional Services...
Readers Say
In touch with our business
In touch with our business

If you're not plugged into Shop-Eat-Surf.com daily, you're out of touch with our business!

- By Peter "PT" Townend, The ActivEmpire
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

MOSS ADAMS CAPITAL: Apparel and foowear market monitor highlights notable deals, stock prices and results.

Details on Industry Insight.

Tiffany Montgomery
Print This Article

Dick's Q1 results exceed expectations

By Tiffany Montgomery
May 18, 2010 6:00 AM

Dick’s Sporting Goods reported stronger than expected same store sales and profits this morning for the first quarter ended May 1.

As a result, the company raised earnings estimates for the year.

Q1 results

Net sales: up 9.9% to $1 billion

Total same store sales: up 8.2% vs. its forecast of a 2% to 3% increase.

Dick’s stores same store sales: up 7.6%

Golf Galaxy stores: up 12.4%

E-commerce same store sales: up 15.2%

Net income: $26.2 million, more than doubling vs. the same period last year.

Cash: $207 million

Long term debt and leasing obligations: $141 million

New stores: 5

Total stores: 424 in 41 states

Q2 forecast

Same store sales: up 4% to 5%

Full year forecast

Earnings per share of $1.41 to $1.44 vs. previous estimate of $1.32 to $1.35.

Same store sales: up 3% to 4%

New Dick’s stores: 24



Articles You Might Have Missed